On the terms length and appetite for risk. 

You can add value (which is impossible with stocks).It's not super intricate like a Swiss watch, and if you know what you are doing it can take some of the risk out of it (that many face).Providing a clean desirable place to live for people is up there for me, I have no appetite for run down slum housing.The daily "Stuff" that must be done is acceptable to me.

If you want high returns, you'll most likely have to have an appetite for some risk.

Everyone has different appetites for risk profiles and expected returns.

Depends on your plans for the property, your appetite for risk, and where you are at in your investing career.

These guys will suppress a movement so quickly it barely gets known about.

It goes back to their appetite, prior losses/wins on similar projects, and overall asset size.

My risk appetite considers that if half of my tenants can't pay rent or I have 50% vacancy, my expenses and debt service will be covered by the other half.

If a note isn't a fit for those buyers, I reach out to others who might have an appetite for that specific asset.

While it's doing ok in aggregate, due to various reasons, including many covid-related move-outs and subsequent renovations and other issues, I've largely lost my appetite for what I would consider "direct ownership".